16, STERLING WAY, NUNEATON, CV11 4YA - £347,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16 STERLING WAY is a small extended detached house of 99m², built sometime between 1996 and 2002. It was last sold for £347,000 in July 2024, which was around 2% below the average July 2024 detached price in the Nuneaton and Bedworth local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

16 STERLING WAY Sold Prices

Land registry data shows four sales for 16 STERLING WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Nuneaton and Bedworth local authority area for the corresponding sale date. two of the four 16 STERLING WAY sales were for below the average price, and four were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2024 19 JUL	£347,000	£354,503	2% below HPI
2015 10 JUL	£230,000	£221,842	4% above HPI
2011 5 SEP	£200,000	£203,322	2% below HPI
1996 20 DEC	£97,500	£73,739	32% above HPI

16 STERLING WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Nuneaton and Bedworth local authority area over time, sourced from the HPI. The four 16 STERLING WAY sales between December 1996 and July 2024 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 2015 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the July 2024 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 16 STERLING WAY?

16 STERLING WAY is 99m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the smallest 40% of detached houses in Nuneaton, based on EPC data. The below chart shows the distribution of detached houses by size in Nuneaton, and where 16 STERLING WAY lies on this distribution: 36% of detached houses are smaller than 16 STERLING WAY, and 63% of houses are larger. Note that EPC data is not available for all properties in Nuneaton.

16 STERLING WAY: Plot and Title Map

16 STERLING WAY sits on a plot of roughly 0.151 of an acre, or 611m². The below map shows the location of 16 STERLING WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 16 STERLING WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 16 STERLING WAY?

16 STERLING WAY is located in NUNEATON, in the CV11 postcode district. The below map shows the position of No. 16 on STERLING WAY.